In today’s briefing:
- Celltrion Inc: Acquitted of Intentional Accounting Fraud by the Korean Financial Authorities
Celltrion Inc: Acquitted of Intentional Accounting Fraud by the Korean Financial Authorities
- On 11 March 2022, the Celltrion Group was acquitted of intentional accounting fraud by the Korean financial authorities after more than four years of investigation.
- This is likely to result in a major positive boost on the shares of Celltrion Inc, Celltrion Healthcare, and Celltrion Pharm in the next several weeks.
- We note that the decision about the Celltrion Group was announced on 11 March, one day after Yoon Suk-Yeol was declared to become the next President of South Korea.
Before it’s here, it’s on Smartkarma
